Leading Risk advisory firm, supporting private equity and alternative investment managers is looking to add a SVP of Insurance Risk. Specific experience with property & casualty insurance is required. The ideal candidate will have both hands on leadership and advisory experience, supporting buyside client, both hedge funds, and private equity managers, in risk Management
-Vision and Strategic experience, managing company insurance and risk renewals, and Transaction Advisory
-Review all contracts, leases, vendor and license agreements for compliance with established risk management and insurance requirements;
-Evaluate and negotiate insurance placement pricing, structure, deductibles, policy wording for all policies and service agreements and conduct cost benefit analysis of program alternatives;
-Analyze historical insurance policies for coverage deficiencies, adequacy of limits, insurer solvency; provide general comments on specific elements potentially impacting transaction value or post-close cost of risk and create budgetary guidelines to client as to total cost of risk including any collateral requirements;
Requirements:
-8+ years in a risk management (corporate or retail brokerage) environment working within a multi-line, global platform, and expert in P&C ( Property & casualty insurance)
-articulate a vision, at a strategic level, provide guidance, and adopt an advisory approach that will be supported by technical credibility; and exceptional comfort and ability to provide sound advice and guidance to clients in various complex M&A transactional situations with a high degree of confidence.
-He/she is an effective project manager capable of overseeing the execution and delivery of multiple, complex assignments in a matrixed reporting environment.
-Must hold bachelor’s degree from an accredited university / college.
-Professional Accreditation and Certification in one or more of the following is preferred: ARM, CPCU, CRM, FRM or RF.
-Master’s degree and/or JD is strong plus. Past experience in M&A, private equity and insurance due diligence is also a significant plus.
